Collins Place, Edinburgh, EH3

Street Guide For Collins Place, Edinburgh, EH3

 

Collins Place, Edinburgh, EH3 Map

Estimated Price: £304,199
Average Asking Price: £465,952
Price change in last one year: £28,328
Average Price Paid: £262,800
Average Rent Rates: £1,331

 

Property Prices Breakdown in Collins Place, Edinburgh, EH3

Average Price for property in Collins Place, Edinburgh, EH3 is around £304,199 e.g. average price for a flat is around 392,527. Values have been changing and have risen £4,494 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,466 in last 6 months, £28,328 in last 1 year, £34,744 in last 2 years, £38,943 in last 3 years, £44,824 in last 4 years and £39,325 in last 5 years.

Currently average asking price of a property in Collins Place, Edinburgh, EH3 is around £465,952 based on approximately 0 properties for sale. Same is the case with rental options based on 126 properties up for rent, average asking rent is around £1,331 per month.

Estimated property value in Collins Place, Edinburgh, EH3 is £304,199. Average asking price is £465,952 while average price paid is £320,000 which is up by £38,943 and Avg. asking rent £1,331.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Collins Place, Edinburgh, EH3 area. In last 3 years alone average price buyer paid is around £320,000 based on approximately 1 sales in Collins Place, Edinburgh, EH3 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £262,800. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £261,937 for 8 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £325,000, £340,000 for a 3 bedroom house, £894,167 for a 4 bedroom house and £1,450,000 for a 5 bedroom house. For a flat similarly the prices varies from £194,497 for a single bedroom to £324,702 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £446,259, £563,181 for a 4 bedroom flat and £575,000 for a 5 bedroom flat. To sum up the asking prices for properties in Collins Place, Edinburgh, EH3 it comes to around average £194,497 for 1 bedroom property, £324,708 for 2 bedroom, £438,931 for 3 bedroom, £680,000 for 4 bedroom and £925,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £618 for 1 bedroom to £1,103 for 2 bedroom, £1,352 for 3 bedroom and £3,124 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £890. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,224, £1,607 for 3 bedroom, £3,703 for 4 bedroom and around £1,993 for 5 bedroom flat. You should be generally be expecting around average £834 rent per month for single bedroom property, £1,219 for 2 bedroom, £1,599 for 3 bedroom, £3,703 for 4 bedroom and approximately £2,747 for a 5 bedroom property in Collins Place, Edinburgh, EH3 area.

Popular Houses in Collins Place, Edinburgh, EH3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Collins Place, Edinburgh, EH3